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Delta Returns Capital

Delta’s next steps in plans to return capital to shareholders will include a 50 per cent increase in the company’s dividend, and a new share repurchase authorisation. The airline’s board has authorised a $2bn share repurchase programme to be completed by December 2016. From September 2014 the company will increase quarterly dividends to $0.06 per share. The programme is expect to return an additional $2.75bn to shareholders by 2016.